Parcel Service Inc. has reached agreement to acquire TNT Express N.V., in an all-cash offer valued at approximately $12.56 per ordinary share. Total value of the transaction was set at $6.77bn.
California-based auto glass wholesaler Mygrant Glass is eliminating the need for paperwork for delivery verification, by equipping its drivers with mobile RFID interrogators that read passive EPC Gen 2 ultrahigh-frequency (UHF) RFID tags on the products being delivered, and then forward that information to Apple iPads.
Seko Worldwide, a third-party provider of logistics and supply-chain services, has opened a new facility in El Paso, Tex. The location provides a full range of services, including transportation, logistics and information-technology support.
AirBridgeCargo Airlines has inaugurated a cargo link between Northern Europe and China. The carrier has introduced weekly Boeing 747-300 freighter service, focusing primarily on the movement of engineering and automotive parts from the industrial region of North Germany to the Far East.
The logistics group of Crowley Maritime Corp. has added less-than-containerload (LCL) cargo service to the Caribbean island of St. Maarten, via Crowley's Miami distribution center. The latter will now serve as a cargo arrival and departure service point.